Quebecor slashes 65 jobs at beleaguered Canoe unit

Article Abstract:

Quebecor Inc. (Montreal) cuts 65 jobs at its under-performing Canoe Inc. (Toronto) Internet unit. The restructuring comes two weeks after Quebecor announced a second-quarter loss of $8.1-million at Canoe. The announcement also comes in the wake of a string of high-profile executive departures from Canoe, including that of its CEO John Paton. The restructuring covers all levels and all regions of Canada, including the local city sites, called FYI in English Canada and ICI in Quebec.

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Quebecor cutbacks continue

Article Abstract:

Montreal, Que.-based Videotron Ltee. and Netgraphe Inc., which are divisions of Quebecor Media Inc., have cut jobs and begun a new cost-cutting strategy. Videotron, which is led by chairman Serge Gouin, has implemented a new cost-cutting plan that is aimed at reducing annual costs by $40 million.

Financial management, Cable Television Systems, Cable Networks, Cable and other pay TV services, Cable television broadcasting industry, Cable television, Netgraphe Inc., Quebecor Media Inc., Videotron Ltee.

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Quebecor World slashes jobs

Article Abstract:

Quebecor World Inc., a commercial printer based in Montreal, Quebec, is lowering its earnings expectations and cutting 2,400 jobs as a result of the September 11th terrorist attacks.

Sales, profits & dividends, Personnel administration, Quebecor World Inc., IQI

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